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SPYR, INC. (OTCQB: SPYR) announces that its subsidiary GeoTraq has completed a full suite of Mobile IoT asset management tools. These tools aim to significantly improve Return on Investment for enterprise customers across various industries. The miniature Tracker-Modules can report location data and sensor information, enhancing asset tracking globally. The completion of this product line positions GeoTraq to potentially revolutionize asset management by providing affordable and efficient solutions to combat costly asset loss, which can exceed $5 million annually in some sectors.
SPYR, INC. (OTCQB: SPYR) announces a collaboration between Polte Corporation and GeoTraq Inc. to integrate Polte's Cloud Location over Cellular (C-LoC) technology into GeoTraq's new NB-IoT/LTE-M modules. These include the Tracker-Module GT-TM100 for low-cost asset tracking and the Sensor-Module GT-SM100, which features an eSIM for enhanced Mobile IoT connectivity. This partnership aims to enhance tracking capabilities indoors and outdoors without the need for GPS, significantly reducing costs and power consumption, thereby promoting broader adoption of IoT solutions.
SPYR, INC. (OTCQB: SPYR), a technology company focusing on IoT applications, addressed recent promotional activities by firms Penny Picks and the Wolf of Penny Stocks regarding its common stock. Despite engaging Emerging Markets Consulting for investor relations, SPYR claims no involvement in creating promotional materials. Trading volume increased on June 28, 2022, but SPYR remains uncertain about the marketing's impact. The company has retained multiple investor relations firms over the past year and continues financing operations through convertible notes, as disclosed in its latest SEC filings.
SPYR Technologies (OTCQB: SPYR) has released an open letter from CTO Pierre Parent, highlighting the company's recent acquisition of GeoTraq. GeoTraq specializes in developing self-contained, ultra-small IoT modules for asset tracking and remote monitoring. The modules, designed for ease of use and low-cost deployment, aim to meet the projected demand for 25 billion connected devices. GeoTraq plans to launch its Tracker module in Q1 2023 and Sensor module in Q3 2023, both offering turnkey solutions with built-in cellular connectivity.
SPYR Technologies announced the engagement of Integrity Media for Investor Relations and Corporate Communication. Integrity Media, led by Kurt Divich, boasts extensive experience in public markets and aims to enhance SPYR's communication with investors. CEO Tim Matula emphasized the importance of transparency and active dialogue with shareholders, especially regarding the acquisition of GeoTraq, which is expected to drive company growth. Divich expressed enthusiasm for promoting GeoTraq's potential. SPYR focuses on IoT technology via subsidiaries Applied Magix and GeoTraq.
SPYR Technologies, a tech firm, announced that its subsidiary GeoTraq has received Patent No. 10,182,402 for its mobile IoT wireless modules. This technology aims to enhance Location Based Services (LBS) by providing lower-cost, smaller, and longer-lasting solutions. GeoTraq's modules utilize global mobile IoT networks for connectivity, addressing gaps in the current LBS market. CEO Tim Matula emphasized the significance of this intellectual property for market penetration in asset tracking and sensor monitoring, aiming to benefit shareholders through investment and innovation.
SPYR Technologies has announced that its subsidiary, GeoTraq, has received FCC approval for its Tracker Module (GT-TM100), which is now market-ready. The module has successfully completed the necessary certification testing by the PTCRB and complies with FCC performance specifications. Project engineer Chris Chammas highlighted that the Tracker Module is a self-contained device that facilitates easy connection to the Internet of Things for tracking purposes. The company is already engaging with potential industrial clients interested in their products.
SPYR Technologies is exploring the addition of Health and Wellness products to its portfolio through its subsidiary Applied Magix. The global Health and Wellness market is currently valued at $1.5 trillion and is expected to grow to $4.2 trillion in the next decade, driven by consumer demand for personalization in health-related products. CEO Tim Matula emphasizes the strategic expansion into this market, highlighting its potential benefits for both the company and its customers.
SPYR Technologies (OTCQB: SPYR) announced a definitive agreement to acquire GeoTraq, Inc. from JanOne Inc. The acquisition aims to enhance SPYR's footprint in the fast-growing Internet of Things (IoT) sector. GeoTraq specializes in self-contained Mobile IoT modules for asset tracking and remote monitoring, designed to be user-friendly and cost-effective. Their proprietary WebTraq platform allows seamless connectivity and management. This strategic move is expected to broaden SPYR’s product offerings and support its growth in the IoT market, with GeoTraq's products set for deployment in Q1 2023.
SPYR Inc. (OTCQB: SPYR) has announced a new broadcast titled, “From a Single Soda Machine to Everywhere: The Explosion of the IoT,” highlighting its engagement in the rapidly growing IoT market through its subsidiary, Applied MagiX Inc. The company focuses on Apple-compatible products in the smart-home and connected-car sectors, projected to reach $138.9 billion by 2026 and $191.83 billion by 2028. Notable offerings include MagixDrive and MagixCharge. SPYR aims to expand its market presence through strategic acquisitions in AI and smart technology.